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Threod Systems AS

Registry code (registrikood) 12323903Public limited company (Aktsiaselts)VAT EE101564526Activity (EMTAK 30311): Tsiviilõhusõidukite ja -kosmosesõidukite jms seadmete tootmineActive

Viimsi vald, Harju County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€47.2M
▲ 24.1% vs 2024
Profit before tax (2025)
€15.6M
Employees, FTE (2025)
174
State taxes paid, last 4 quarters
€10.2M

Revenue, profit and employees, 2019–2025

€1.3M2019€7.2M2020€3.0M2021€6.9M2022€20.4M2023€38.0M2024€47.2M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€1,252,560-€2,451,059-€2,567,674€2,537,66947
2020€7,244,209-€1,384,000-€1,502,184€1,035,48551
2021€2,968,527-€2,520,845-€2,772,824-€1,255,65950
2022€6,884,152€153,612€57,945€2,912,28559
2023€20,355,314€4,503,677€4,527,143€7,439,42896
2024€38,015,397€8,982,525€8,856,580€9,692,224133
2025€47,178,948€15,535,101€15,618,889€28,379,185174

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€1,167,612€6,275,436€3,138,573€599,194€2,537,669
2020€1,199,255€5,752,195€4,320,429€396,281€1,035,485
2021€854,251€4,174,872€5,169,100€261,431-€1,255,659
2022€1,270,183€9,911,372€6,830,091€168,996€2,912,285
2023€8,223,730€18,501,840€10,795,809€266,603€7,439,428
2024€2,629,522€27,088,043€16,811,442€584,377€9,692,224
2025€13,539,620€44,355,606€13,996,434€1,979,987€28,379,185

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€386,341€294,369€1,057,27156
2022 Q2€251,490€265,129€939,03061
2022 Q3€270,074€283,888€1,053,14164
2022 Q4€296,458€302,624€3,281,40576
2023 Q1€391,780€412,389€5,001,16696
2023 Q2€388,593€409,157€3,829,90697
2023 Q3€447,784€473,874€4,353,227106
2023 Q4€478,133€505,409€3,266,265118
2024 Q1€777,742€669,132€12,872,179128
2024 Q2€617,819€651,895€9,956,113136
2024 Q3€716,784€750,417€2,636,183137
2024 Q4€682,057€721,849€10,069,669149
2025 Q1€950,511€993,050€8,760,508153
2025 Q2€884,281€944,957€15,934,458169
2025 Q3€1,086,548€1,148,407€3,587,298179
2025 Q4€3,702,907€1,103,561€23,293,802184
2026 Q1€4,332,538€1,490,441€24,584,411196
2026 Q2€1,111,372€1,205,623€12,604,225211

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), Threod Systems AS reported revenue of €47,178,948.

The company closed the 2025 financial year with a net profit of €15,618,889.

Revenue increased by 24.1% from €38,015,397 in 2024 to €47,178,948 in 2025.

Revenue grew at a compound annual rate of 83.1% between 2019 and 2025.

Equity accounted for 64.0% of total assets of €44,355,606 at the end of the 2025 reporting period.

With 174 full-time-equivalent employees in 2025, revenue per employee was €271,143.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, Threod Systems AS reported €64,069,736 in turnover.

EMTA recorded 211 employees for the quarter ending Q2 2026, compared with 174 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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